Title 18A, Title 18A: EDUCATION

18A:71B-24.2. Law Enforcement Officer Memorial Scholarships Program 5. a. There is created the Law Enforcement Officer Memorial Scholarships Program. These scholarships shall be awarded, pursuant to the provisions of this act, to the children of New Jersey law enforcement officer…

18A:71B-24.3. Rules, regulations 6. The Higher Education Student Assistance Authority shall adopt rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), necessary to carry out the provisions of this act. L.2001,c.41,s.6.

18A:71B-24.4. Annual appropriation 7. There shall be annually appropriated to the Higher Education Student Assistance Authority such sums as shall be necessary to administer the provisions of sections 5 and 6 of P.L.2001, 41 (C.18A:71B-24.2 and 18A:71B-24.3). L.2001,c.41,s.7.

18A:71B-25 Scholarship program established. 18A:71B-25. Scholarship Program Established. There is established the Miss New Jersey Educational Scholarship program. It shall be the duty of the Higher Education Student Assistance Authority, established pursuant to N.J.S.18A:71A-3, t…

18A:71B-26 Scholarship eligibility. 18A:71B-26. Scholarship Eligibility. A Miss New Jersey Educational Scholarship shall be awarded annually to an individual who has been designated by the Higher Education Student Assistance Authority, in consultation with the Miss New Jersey Pag…

18A:71B-27 Scholarship conditions. 18A:71B-27. Scholarship Conditions. Any Miss New Jersey scholarship recipient who enrolls in a public institution of higher education in the State shall be allowed to obtain an initial bachelor's degree or a post graduate degree without payment …

18A:71B-28 Definitions. 18A:71B-28. Definitions. As used in this article: "Garden State Savings Bonds" means bonds of the State of New Jersey and its authorities issued pursuant to the provisions of this article. "Institution of higher education" means any public institution of h…

18A:71B-29 Issue of bonds. 18A:71B-29. Issue of Bonds. a. In furtherance of the public policy of this article, the State shall set aside, from the bonds of the State of New Jersey authorized to be issued or from the bonds of any authority or agency authorized to be issued, an amo…

18A:71B-3 Discrimination forbidden. 18A:71B-3. Financial aid under this chapter shall be awarded without regard to race, religion, creed, age, sex, national origin, or disability. Amended 2017, c.131, s.57.

18A:71B-30 Participation by institutions of higher education. 18A:71B-30. Participation by Institutions of Higher Education. a. The State Treasurer, in consultation with the commission, shall also provide for additional financial incentives to be provided to holders of Garden Sta…

18A:71B-31 Dollar Amount not to be considered in determining eligibility for monetary assistance. 18A:71B-31. Dollar Amount Not to be Considered in Determining Eligibility for Monetary Assistance. Annually, the authority shall determine a dollar amount of Garden State Savings Bon…

18A:71B-32 Report on results of sale. 18A:71B-32. Report on Results of Sale. The State Treasurer or the issuing authority or agency shall submit a report after each bond issuance to the commission detailing the results of each separate sale of Garden State Savings Bonds. L.1999,c…

18A:71B-33 Duties of the State Treasurer. 18A:71B-33. Duties of the State Treasurer. The State Treasurer shall, in consultation with the commission, approve the following: a. additional financial incentives as provided in this article; b. limits that may be imposed on the amount …

18A:71B-34 Assessment of effectiveness of program. 18A:71B-34. Assessment of Effectiveness of Program. The commission and the State Treasurer shall assess the effectiveness of the program and recommend any necessary changes to the issuing officials regarding future bond sales aft…

18A:71B-35 Legislative findings and declarations. 18A:71B-35. Legislative Findings and Declarations. The Legislature finds and declares that: a. This State is committed to making world-class education accessible and affordable for all New Jersey students; b. When families save fo…

18A:71B-36 Definitions. 18A:71B-36. Definitions. As used in this article: "Account" means an individual trust account or savings account established in accordance with this article; "Authority" means the Higher Education Student Assistance Authority; "Contributor" means the perso…

18A:71B-37 New Jersey Better Educational Savings Trust created. 18A:71B-37. New Jersey Better Educational Savings Trust Created. There is created within the Higher Education Student Assistance Authority the New Jersey Better Educational Savings Trust (NJBEST). The trust shall pro…

18A:71B-38 Administration of the program; powers of the authority. 18A:71B-38. Administration of the Program; Powers of the Authority. The Higher Education Student Assistance Authority shall administer the NJBEST Program. The authority shall have the power to: a. serve as trustee…

18A:71B-39 Immunity. 18A:71B-39. Immunity. Neither the members of the authority, nor any officer or employee of the authority shall be liable personally for the debts, liabilities or obligations of the program established pursuant to this article. L.1999,c.46,s.1.

18A:71B-4 Academic year defined. 18A:71B-4. Academic Year Defined. a. An academic year for the purpose of this chapter means the period between the time the institution which the student is attending opens after the general summer vacation until the beginning of the next succeedi…

18A:71B-40 Selection of investment manager. 18A:71B-40. a. The authority shall select an investment manager or managers to invest the funds of the trust or the funds in accounts. In making this selection, any investment manager shall be subject to the "prudent person" standard of…

18A:71B-41 Operation of program; fees. 18A:71B-41. a. The program shall be operated as a trust through the use of accounts for designated beneficiaries. An account may be opened by any person who desires to save to pay the qualified higher education expenses of an individual by s…

18A:71B-41.1 Exemption from claims of creditors for NJBEST accounts. 20. Moneys paid into or out of an NJBEST account by or on behalf of a contributor or designated beneficiary for the purposes of financing the cost of qualified higher education expenses under this article are ex…

18A:71B-42 NJBEST scholarship; conditions. 18A:71B-42. a. An amount of no less than $500 shall be provided by the State for the qualified higher education expenses of a designated beneficiary at the time of a qualified withdrawal provided that: (1) the contributor demonstrates, t…

18A:71B-42.1 One-time grant; rules. 2. a. A NJBEST account when it is initially opened by a taxpayer with gross income of $75,000 or less shall be eligible for a one-time grant of up to $750 in a dollar-for-dollar match of the initial deposit to the account. b. Notwithstanding th…

18A:71B-43 Determination of dollar amount of account. 18A:71B-43. Determination of Dollar Amount of Account. Annually, the authority shall determine a dollar amount of an account, which shall not be less than $25,000, which shall not be considered in evaluating the financial need…

18A:71B-44 Assurance of availability of principal. 18A:71B-44. a. If the investment manager is the Division of Investment in the Department of the Treasury, in order to assure the availability of principal of any amount contributed under this article, there shall be paid to the a…

18A:71B-45 Construction. 18A:71B-45. Construction. a. Nothing in this article shall be construed to: (1) guarantee that a designated beneficiary will be admitted to a higher education institution or be allowed to continue enrollment at or graduate from a higher education institut…

18A:71B-46 Federal income tax consequences. 18A:71B-46. Federal Income Tax Consequences. If the Congress of the United States enacts legislation that exempts educational savings accounts from federal income taxation, sections N.J.S.18A:71B-42 and N.J.S.18A:71B-43 shall apply with…

18A:71B-47 Contracts with accredited schools of veterinary medicine. 18A:71B-47. Contracts with Accredited Schools of Veterinary Medicine. The authority is hereby authorized to contract with any and all accredited schools of veterinary medicine in the United States for the accept…

18A:71B-48 Contracts with consent of advisory committee; members. 18A:71B-48. Contracts with Consent of Advisory Committee; Members. All contracts provided for in N.J.S.18A:71B-47 shall only be entered into by the authority with the advice and consent of an advisory committee con…

18A:71B-49 Organization of committee; expenses. 18A:71B-49. Organization of Committee; Expenses. The advisory committee shall organize annually by the appointment of one of its members as chairperson and one as vice-chairperson. Members shall serve without compensation, but shall…

18A:71B-5 Notification of authority in the case of withdrawal or change in status. 18A:71B-5. Notification of Authority in the Case of Withdrawal or Change in Status. In the event a student for any reason ceases to continue to be enrolled or otherwise becomes ineligible during th…

18A:71B-5.1 Waiver of amounts student required to return to HESAA. 2. The Higher Education Student Assistance Authority shall waive the amounts that a student is required to return under N.J.S.18A:71B-5, if the institution has already disbursed the student's State financial aid a…

18A:71B-50 Definitions. 18A:71B-50. Definitions. As used in this article: "Operational expense" means those funds devoted to or required for the regular or ordinary expenses of the school of professional nursing, including administration, maintenance and salary expenses; "School …

18A:71B-51 Application for State support; form of application; certificate of accreditation by New Jersey Board of Nursing. 18A:71B-51. Application for State Support; Form of Application; Certificate of Accreditation by New Jersey Board of Nursing. A school of professional nursin…

18A:71B-52 Operational support by State; limitation. 18A:71B-52. Operational Support by State; Limitation. Within the limits of funds appropriated for purposes of this article, any school of professional nursing whose application has been approved by the authority shall be entitl…

18A:71B-53. Short title 1. This act shall be known as, and may be cited as, the "Tony Pompelio Commemorative Scholarship Fund Act." L.2000,c.163,s.1.

18A:71B-54. Findings, declarations about crime victims 2. The Legislature finds and declares that: a. Ten percent of the crimes reported in the State are violent crimes, and murder accounts for at least one percent of all violent crimes committed. Victims of violent crimes and th…

18A:71B-55 Definitions regarding scholarship. 3. As used in this act, the following terms shall have the following meanings: "Board" means the Board of Trustees of the Tony Pompelio Commemorative Scholarship Fund for the children of crime victims created pursuant to this act. "Ch…

18A:71B-56. "Tony Pompelio Commemorative Scholarship Fund" 4. a. There is hereby created and established in the authority a scholarship fund which shall be known as the "Tony Pompelio Commemorative Scholarship Fund." The fund shall consist of all funds appropriated by the Legisla…

18A:71B-57. Board duties 5. The board shall: a. Develop and maintain a Statewide system for the identification of potential Pompelio scholars in cooperation with other State departments, agencies or public institutions of higher education in the State. b. Recruit, select and prov…

18A:71B-58. Awarding scholarships 6. a. The board is hereby authorized to award scholarships from the fund to Pompelio scholars for undergraduate study leading to a baccalaureate degree, associate degree, or other approved certificate at public institutions of higher education lo…

18A:71B-59. Qualifications of applicant 7. a. No scholarship pursuant to this act shall be awarded to any applicant unless the applicant has demonstrated to the satisfaction of the board that he or she: (1) Is and has been a resident of this State for at least 12 months prior to …

18A:71B-60. Recipients paid by State Treasurer 8. Scholarships awarded pursuant to this act shall be paid to recipients by the State Treasurer in accordance with rules and regulations adopted by the authority. L.2000,c.163,s.8.

18A:71B-61. Eligibility restrictions 9. No person shall be eligible for scholarships pursuant to this act for more than four years, or for such other period of time as may be determined necessary by the board for the completion of an organized course of study. Each scholarship aw…